The Shepherds’ Trust 2012 Financial Results
|Bequests and Donations||226,755||247,250|
The 2013 investment income includes dividends, interest and realized gains of $5.59 million and unrealized investment gain of $2.77 million from increase in fair value of investments as at December 31, 2013.
2013 expenditures totalled $2.9 million (2012 - $2.7 million) consisting of monthly allowances to beneficiaries, health care premiums and costs of extended health care for priests.
|Pooled Funds - Bonds||$ -||$15,427,945|
|Pooled Funds - Equities||-||22,679,171|
|Pooled Funds - Balanced||46,673,661||-|
From our 2012 Actuarial Valuation, the Net funding requirement based on the above fair market value of our investments as at December 31, 2013 is $3.0 million (December 31, 2012 - $9.8 million)
A copy of the audited financial statements is available for review at the office of the Archdiocese of Toronto - Accounting & Finance Department, 1155 Yonge Street, Toronto.